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Very few concessions are being offered in large markets such as Providence, Riverside/San Bernardino, Sacramento, Minneapolis/St. Paul and Boston, with discounts on only about 5% to 7% of apartments.
The deal announced today calls for Hudson's Bay Co. to receive $ $75 million in cash upon the transaction's closing and a secured promissory note for $25 million payable in cash after two years.
A Capital One survey found that urban professionals have higher expectations that employers will provide resources to support mental health and well-being, which includes thoughtful office design.
Want to know what building owners need to know? There are 11 pieces of legislation that are part of the Act, but the centerpiece establishes strict carbon emissions limits for NYC buildings larger than 25,000 square feet.
Freehold will lease the properties to Curaleaf pursuant to a long-term, triple-net lease. The company also has the right of first offer to purchase additional properties from Curaleaf as its preferred real estate partner.